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Listed price in listed location currency (USD).
$7,500,000

000

MLS® ML82045647

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 
MLS® Number ML82045647

Property Address: 21659 Mission Blvd, Cherryland, CA, 94541-2636

Average square foot calculated using Size range provided by listing agent.

Description

Rare development opportunity in the heart of Hayward's Mission Boulevard corridor. This 1.11-acre vacant land parcel comes with architectural plans already submitted to the City of Hayward for a dual-product residential development an exceptional head start for any developer or investor looking to move efficiently through the entitlement process in one of the Bay Area's most active housing markets. The submitted plans propose a total of 45 residential units across two distinct programs: 27 townhomes/condominiums on one portion of the site, and 18 apartment units on the other. This split-parcel strategy allows the developer to pursue both a for-sale exit on the townhomes and a stabilized rental income play on the apartments either as a hold or a cap-rate sale. Situated on Mission Blvd with strong visibility and access, the site benefits from proximity to the Hayward BART Station (~1 mile), I-880 (~0.5 mile), Highway 92, Downtown Hayward, and CSU East Bay. Bay Area rental vacancy remains below 4% and demand for for-sale product in the sub-$1M range continues to outpace supply, making this corridor a compelling target for infill residential development.
MLS® NumberML82045647
Laundry Level
Central VacNo
FireplaceNo
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Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 3, 2026List Date
$7,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
21659 Mission Blvd, Cherryland, CA

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